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Overview
305 Ann Street Fortitude…
BROADWAY ON ANN
Lifestyle combines New York Panache
Enjoy rooftop facilities including a gymnasium, pool, and leisure deck just 2.5km from Brisbane's CBD. The location offers easy access to Brisbane’s vibrant dining, retail, and entertainment precincts, including over 350 retailers, 30 bars and clubs, 85 restaurants, and 30 art galleries within a five-kilometre radius. Comprehensive public transport options and major road networks provide efficient connectivity.
Project Description
Metro’s Broadway on Ann features contemporary New York styling in the sought-after Fortitude Valley area, making it an excellent choice for both investors and homeowners. This 15-level luxury tower comprises 247 one and two-bedroom apartments with secure underground parking and 821 square metres of premium retail space.
Designed by internationally renowned architects Wood Bagot, the building draws inspiration from New York’s famous Broadway theatre district and Brisbane’s iconic streets, presenting a landmark entrance to Fortitude Valley from neighboring suburbs including Newstead, Hamilton, and the Gold Coast.
The location is vibrant and energetic, with close proximity to Brisbane’s thriving fine dining scene, nightlife, boutiques, markets, and a distinctive Chinatown. The area is undergoing rapid development, offering an exciting lifestyle and investment opportunity.
Location
The property is situated at the corner of Ann Street and Commercial Road, Fortitude Valley. The development consists of multi-unit residential living with ground floor retail across 15 storeys. Residential options include 160 one-bedroom, 34 two-bedroom one-bathroom, and 53 two-bedroom two-bathroom apartments. The retail component includes five ground floor tenancies totaling 821 square metres.
Resident amenities include a communal rooftop gymnasium, pool, and leisure deck, providing exceptional lifestyle conveniences. Fortitude Valley is rapidly evolving with new residential, commercial, dining, shopping, and entertainment venues enhancing the vibrant neighbourhood.
Nearby attractions include exclusive showrooms featuring high-end motor vehicles, a unique offering in Brisbane, along with numerous dining and entertainment options, all within walking distance.
Investment Overview
A typical investment purchase of approximately $450,000 is projected to be cash-flow positive, yielding around $40 per week after considering tax benefits such as negative gearing. Financial outcomes may vary depending on individual circumstances, including income, interest rates, loan terms, depreciation, and ongoing property expenses.
Investors can use an online Negative Gearing Tax Simulator to customize calculations based on personal financial details and purchase price. It is recommended to review disclaimers and explanatory notes when using such financial tools.
Investment Opportunities
Utilize the PICCA App to assess your purchase price suitability
Additional Details
- Council Rates: $1,800 to $1,900 Per Annum
- Body Corporate Fees: $3,522 to $4,026 Per Annum
- Estimated Rental Income: $435 to $615 Per Week
- Property Price Range: From $422,000 to $635,000
- Apartment Configuration: One and Two Bedrooms
Features
- Air Conditioning
- Alarm System
- Built-in Wardrobes
- Dishwasher
- Gymnasium
- Intercom Entry
- Leisure Deck
- On Site Managers
- Security Parking
- Swimming Pool
- Tile Floors
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Fortitude Valley QLD 4006
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 70 m² |
Market Insights for Fortitude Valley QLD 4006
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